Water and Wastewater Treatment Business
Off-MarketWaterford, MI
Water And Wastewater Treatment Business
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$6,500,000
$1,600,000
24.6%
2000
30+ Days
Customers
Municipal, Industrial, Commercial Customers. Does not serve residential anymore.
Customer Acquisition
Word of mouth, referrals
Team
Over 20 employees.
Owner's Role
Full-time
Reason for Selling
The owner would like to stay involved in the industry and business. He is open to various deal structures, including selling a majority stake while staying on in a reduced role, as long as the buyer has a clear plan to grow the business.
Contracts
Yes
Real Estate
9000 square foot facility.
When Are You Looking to Sell
6-12 months
Licenses Required
Yes
Additional Notes
The owner has stifled the growth of the business to keep it manageable for one person but believes it needs more salespeople, better systems and processes, and additional operational support to reach its full potential. The owner has received offers in the range of 6-7x EBITDA but has turned them down, as he wants to find a buyer who will help him grow the business further and allow him to retain a stake.
Business ID: 1281
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